The Jordan Times
AMMAN — The Ministry of Energy and Mineral Resources on Monday signed a memorandum of understanding (MoU) with British firm Hotspur Helium to launch exploration activities for helium gas in the Dead Sea area for two years
The MoU was signed by Minister of Energy and Mineral Resources Saleh Kharabsheh and Hotspur Helium Chairman George Percy.
On the sidelines of the signing, Kharabsheh said the agreement marks Jordan’s first dedicated project to explore helium, describing it as a strategic step to unlock new opportunities in the mining sector.
He said the ministry is intensifying its focus on mining as part of efforts to maximise the use of the Kingdom’s natural resources, in line with the Economic Modernisation Vision and priorities for high-value-added sectors.
Kharabsheh noted that global demand for helium is rising, given its critical uses in AI applications, medical technologies and semiconductor manufacturing, among other advanced industries.
The minister said the company has submitted a two-year work programme, adding that a concession agreement would be considered if exploration results prove commercially viable.
He also pointed out that helium was only recently classified as a strategic mineral under Jordanian legislation, requiring special legal approval for exploitation following the exploration phase.
Kharabsheh added that the ministry will also examine the feasibility of harnessing geothermal energy with the company, particularly in light of the presence of several hot springs in the Dead Sea area.
Percy said that Jordan offers a “highly positive” environment for investment in helium exploration, describing the gas as indispensable for AI industries, semiconductor manufacturing and space technologies.
Percy noted that the company aims to develop helium as an independent commodity, separate from oil and gas production, enabling exports for use in semiconductor fabrication, MRI equipment and other high-tech industries worldwide.
He added that Jordan’s strategic location and strong educational and institutional environment make it well-positioned to develop expertise in helium-related technologies.
Under the MoU, Hotspur Helium will conduct geophysical surveys and advanced field studies, including geological mapping of potential reservoirs and economic feasibility assessments of expected quantities. The company will also support knowledge transfer and training of Jordanian specialists in rare gas exploration technologies, according to an Energy Ministry statement
The project is expected to support the national economy by introducing a high-value resource, boosting exports and creating specialised job opportunities for Jordanians in geology and engineering, while positioning the Kingdom among rare gas–producing countries.
The agreement follows Cabinet approval last November of the MoU between the ministry and Hotspur Helium as part of government efforts to expand the exploitation of Jordan’s natural resources. Helium prices are several times higher than those of natural gas, and the element is widely used in cooling and precision industries.